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Nigerian Banks

Senate Confirms Usman Dakingari as Ambassador

KEY POINTS The Senate confirmed Usman Dakingari as a non-career ambassador and approved Ismail...

Senate Confirms Jamila Abubakar-Sadiq as INEC National Electoral Commissioner for North-East

KEY POINTS The Senate has confirmed Jamila Abubakar-Sadiq, a retired rear admiral, as INEC...

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

Latest articles

Senate Confirms Usman Dakingari as Ambassador

KEY POINTS The Senate confirmed Usman Dakingari as a non-career ambassador and approved Ismail...

Senate Confirms Jamila Abubakar-Sadiq as INEC National Electoral Commissioner for North-East

KEY POINTS The Senate has confirmed Jamila Abubakar-Sadiq, a retired rear admiral, as INEC...

Appeal Court Affirms Wole Oluyede as PDP Governorship Candidate for 2026 Ekiti Election

KEY POINTS The Court of Appeal in Akure has affirmed Wole Oluyede as the...

IGP Urges Court to Dismiss El-Rufai’s N1bn Rights Violation Suit

KEY POINTS The IGP has asked a Federal High Court in Abuja to dismiss...